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December 7, 2012
09:04 EDTJKSJinkoSolar signs $1B strategic cooperation agreement with China Development Bank
JinkoSolar announced that its Swiss subsidiary has entered into a strategic cooperation agreement with the Guangdong Branch of China Development Bank, pursuant to which CDB intends to provide financing cooperation to JinkoSolar Switzerland of an aggregate amount up to $1B over a five-year period. The final conditions, terms and amount of the financing under the Strategic Cooperation Agreement is subject to the parties' further approval and will be set out in separate agreements.
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